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Agrimin Limited engages in the exploration and development of mineral properties in Australia. The company focuses on sulphate of potash. It holds a 100% interest in the Mackay Potash project comprising nine granted exploration licenses covering a total area of 3,000 square kilometers located in Western Australia, as well as four exploration licenses applications covering 1,200 square kilometers situated in the northern territory. The company also holds a 100% interest in the Lake Auld Potash project comprising granted exploration license covering a total area of 108 square kilometers located in Western Australia. The company was formerly known as Global Resources Corporation Limited and changed its name to Agrimin Limited in December 2014. The company was incorporated in 2006 and is based in Nedlands, Australia.

Agrimin Dividend Announcement

• Agrimin does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Agrimin dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Agrimin Dividend History

Agrimin Dividend Yield

Agrimin current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Agrimin stock? Use our calculator to estimate your expected dividend yield:

Agrimin Financial Ratios

P/E ratio-7.27
PEG ratio-0.07
P/B ratio0.47
ROE-6.26%
Payout ratio0.00%
Current ratio5.13
Quick ratio5.13
Cash Ratio4.79

Agrimin Dividend FAQ

Does Agrimin stock pay dividends?
Agrimin does not currently pay dividends to its shareholders.
Has Agrimin ever paid a dividend?
No, Agrimin has no a history of paying dividends to its shareholders. Agrimin is not known for its dividend payments.
Why doesn't Agrimin pay dividends?
There are several potential reasons why Agrimin would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Agrimin ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Agrimin has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Agrimin a dividend aristocrat?
Agrimin is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Agrimin a dividend king?
Agrimin is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Agrimin a dividend stock?
No, Agrimin is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Agrimin stocks?
To buy Agrimin you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Agrimin stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.